406 York StNewcastleWY82701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 406 York St, Newcastle, WY, 82701 in Newcastle deserves attention. This $228,000 property earns $2,068/mo in rent, a 10.57% gross yield, and nets $694/mo after the $1,025/mo payment. DSCR 2.02 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $62,992 compounds alongside $2,100/yr in yearly equity build, for a total cumulative return of $134,557.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $694 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,068 |
| Total Monthly Debt Service | $1,224 |
| DSCR Ratio | 1.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82701, Newcastle, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,569 (100%) |
| Owner Occupied HU | 1,637 (63.7%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 451 (17.6%) |
| Median Home Value | $248,875 |
| Average Home Value | $303,603 |
Housing Distribution
Address Breakdown
Residential
2,167
Single Family
2,144
Multi-Family
23
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1981
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82701, Newcastle, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,569 (100%) |
| Owner Occupied HU | 1,637 (63.7%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 451 (17.6%) |
| Median Home Value | $248,875 |
| Average Home Value | $303,603 |
Housing Distribution
Address Breakdown
Residential
2,167
Single Family
2,144
Multi-Family
23
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kera Williams • Keller Williams Realty Black Hills
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-2180
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.